2014 E Broadway Road, Phoenix, AZ 85040
- $585,000
- Sold Price
- $585,000
- List Price
- $600,000
- Closing Date
- Aug 18, 2026
- Days on Market
- 11
- Status
- CLOSED
- MLS#
- 7050961
- City
- Phoenix
- Subdivision
- Harlem Homes
- Year Built
- 1946
Property Description
Fantastic investment opportunity! This well-maintained single-story fourplex features two 2-bedroom, 1-bath units renting for $1,950/month each and two 1-bedroom, 1-bath units renting for $1,650/month each. Several units have been updated, while others offer value-add potential for increased rental income. This property is a true cash-flow opportunity with strong current returns. The adjacent lot is also available for purchase, creating a rare package deal. The neighboring parcel is zoned C-2, offering excellent potential for future commercial development or expansion (buyer to verify zoning and permitted uses). Don't miss this outstanding investment!
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Additional Information
- Elementary School
- Percy L Julian School
- High School
- South Mountain High School
- Middle School
- Percy L Julian School
- Community Features
- No Pool
- Construction
- Block, Painted
- Cooling
- Central Air, Heat Pump
- Electric
- SRP
- Flooring
- Other
- Heating
- Heat Pump, Central
- New Financing
- Conventional, 1031 Exchange, Cash
- Parking Features
- Other, <1 Space Per Unit, On Street
- Roofing
- Composition
- Subdivision
- Harlem Homes
- Taxes
- $2,549
- Tax Year
- 2025
- Tenant Pays
- Cable TV
- Units
- 4
- Water
- Master Meter, City Franchise
- Zoning
- C-2
Courtesy of My Home Group Real Estate. 480-685-2760 Selling Office: eXp Realty.
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